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As equity bubbles inflate the longer term risk remains the same.

As equity bubbles inflate the longer term risk remains the same.

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Published by Richard Suttmeier
Dow Industrials, S&P 500, NASDAQ, Dow Transports and Russell 2000 set new all time or multi-year highs again on Wednesday, as the Dow Utility bubble pops. The key this week is the Russell 2000 with a close above or below my semiannual pivot at 965.51. Regardless of this near term outcome the risk before year end is to my annual value levels at 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ, and 5469 Dow Transports and 809.54 Russell 2000.
Dow Industrials, S&P 500, NASDAQ, Dow Transports and Russell 2000 set new all time or multi-year highs again on Wednesday, as the Dow Utility bubble pops. The key this week is the Russell 2000 with a close above or below my semiannual pivot at 965.51. Regardless of this near term outcome the risk before year end is to my annual value levels at 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ, and 5469 Dow Transports and 809.54 Russell 2000.

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Categories:Types, Business/Law
Published by: Richard Suttmeier on May 08, 2013
Copyright:Attribution Non-commercial

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05/08/2013

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